(EGO) Eldorado Gold complete technical analysis [charts+indicators] | Buy/Sell Eldorado Gold | (EGO) share price targets
Complete technical analysis of Eldorado Gold (EGO) by charts plus indicators, forecast predictions and share price targets for Eldorado Gold (EGO)
Eldorado Gold trades in USA in Basic Industries sector.
10 day averaged volume of Eldorado Gold is 1861410
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 14.31 | 14.40 | 14.73 | 14.23 | 0.921 times |
| 19 Fri Apr 2024 | 15.04 | 14.87 | 15.13 | 14.84 | 1.253 times |
| 18 Thu Apr 2024 | 14.90 | 15.15 | 15.26 | 14.80 | 0.449 times |
| 17 Wed Apr 2024 | 14.96 | 15.17 | 15.44 | 14.87 | 0.702 times |
| 16 Tue Apr 2024 | 15.06 | 14.90 | 15.22 | 14.68 | 0.71 times |
| 15 Mon Apr 2024 | 15.10 | 15.26 | 15.32 | 14.81 | 0.876 times |
| 12 Fri Apr 2024 | 15.14 | 15.84 | 16.01 | 14.91 | 1.438 times |
| 11 Thu Apr 2024 | 15.60 | 15.39 | 15.63 | 15.09 | 0.945 times |
| 10 Wed Apr 2024 | 15.30 | 15.09 | 15.52 | 14.88 | 0.778 times |
| 09 Tue Apr 2024 | 15.66 | 15.38 | 15.73 | 15.30 | 1.551 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 14.2 as stoploss in an intra day buy trade for a target of 14.76. However, stock will show a bearish move below 14.2.
Share price targets for Eldorado Gold (EGO)
| Target Type | Value |
| Downside Target | 9.72 |
| Downside Target | 10.36 |
| Downside Target | 11.73 |
| Downside Target | 12.91 |
| Downside Target | 13.42 |
| Downside Target | 13.71 |
| Downside Target | 14.18 |
| Upside Target | 14.68 |
| Upside Target | 14.73 |
| Upside Target | 14.88 |
| Upside Target | 15.18 |
| Upside Target | 15.44 |
| Upside Target | 16.01 |
Intraday share price targets for Eldorado Gold (EGO)
| Target Type | Value |
| Downside Intraday Target | 14.12 |
| Downside Intraday Target | 13.92 |
| Upside Intraday Target | 14.62 |
| Upside Intraday Target | 14.92 |
| Upside Intraday Target | 14.42 |
Weekly technical analysis of Eldorado Gold (EGO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 14.31 | 14.40 | 14.73 | 14.23 | 0.231 times |
| 19 Fri Apr 2024 | 15.04 | 15.26 | 15.44 | 14.68 | 0.664 times |
| 12 Fri Apr 2024 | 15.14 | 15.28 | 16.01 | 14.88 | 0.853 times |
| 05 Fri Apr 2024 | 15.12 | 14.48 | 15.18 | 14.18 | 1.945 times |
| 28 Thu Mar 2024 | 14.07 | 13.56 | 14.19 | 13.42 | 0.818 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Eldorado Gold (EGO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 14.31 | 14.48 | 16.01 | 14.18 | 0.957 times |
| 28 Thu Mar 2024 | 14.07 | 10.55 | 14.19 | 10.36 | 1.012 times |
| 29 Thu Feb 2024 | 10.39 | 12.37 | 12.91 | 9.72 | 1.158 times |
| 31 Wed Jan 2024 | 12.21 | 12.92 | 13.03 | 11.77 | 0.765 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Eldorado Gold (EGO)
Price action analysis of Eldorado Gold ( (EGO) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Eldorado Gold ( (EGO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Eldorado Gold ( (EGO) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Eldorado Gold ( (EGO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Eldorado Gold stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Eldorado Gold in short term but the sell signal is initial and weak.
Eldorado Gold Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Eldorado Gold in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Eldorado Gold is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 15.16 and Eldorado Gold (EGO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Eldorado Gold (EGO) stock. Volume based technical analysis of Eldorado Gold (EGO) stock is negative.
Eldorado Gold Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Eldorado Gold ( (EGO) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Eldorado Gold ( (EGO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Eldorado Gold ( (EGO) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Eldorado Gold ( (EGO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Eldorado Gold stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Eldorado Gold in short term but the sell signal is initial and weak.
Eldorado Gold Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Eldorado Gold in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Eldorado Gold is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 15.16 and Eldorado Gold (EGO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Eldorado Gold (EGO) stock. Volume based technical analysis of Eldorado Gold (EGO) stock is negative.
Eldorado Gold Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.